<span>The fact that Flavio believes that alternate plans are almost as important as the primary operational </span><span> means that Flavio endorses </span>contingency planning.
Contingency plans provide alternative courses of action for use if the organization's primary plans fail to achieve their intended results.
I believe it's the law of diminishing marginal utility
Answer:
The answer is $500
Explanation:
Disposable income is the income left after deduction of tax and other statutory deductions. It is income that a worker receives.
Increase in tax reduces disposable income and vice-versa.
Disposable income increases by $2,000 while spending increases by $1,500.
In finance, money not spent is saved. So we have
$500($2,000 - $1,500) as the amount saved.
$500 is the increase in saving.
Answer:
Health insurance: working without safety equipment
Car insurance: reckless drive
Health insurance: withhold of the information that the insured is a smoker
Car insurance: withhold of the information that insured lives in neighborhood with high crime levels
Explanation:
Moral hazard relates to the behavior that enlarges the possibility of occurrence of undesired events that is insured. In health care the example could be a person that does risky jobs without wearing safety equipment. That is something that can easily lead to that person's deterioration of health at job. In car insurance, that can be reckless drive of an insured. Adverse selection happens when for instance signee of policy insurance withholds certain information, whose revelation would have potential elevating effect on paid premiums. In healthcare it could be non-disclosure of the information that the insured is a smoker, where in the application says otherwise. In car insurance it could be withhold of the information that the insured lives in the neighborhood with high crime level, while in the policy it is stated otherwise.
Stair rails is a barrier along the open sides of stairways and platforms that prevent falling is
